Dividend and Interest — Secretarial Practice STD 12 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeDividend and Interest4 Marks
Question
Discuss any four features of dividend.
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Answer
It is the portion of profits of the company paid to its shareholders.
It is payable out of profits of the company.
It is an unconditional payment made by the company.
If the company has issued equity shares with differential rights as to dividend, the terms of issue of such shares will govern the rights of shareholders about receiving the dividend.
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